567 Selma StMobileAL36603
INVESTMENT ANALYSIS
Investment Verdict
Solid Income567 Selma St, Mobile, AL, 36603 in Mobile is a solid income-producing rental, 9.48% gross yield, $1,360/mo rent, $336/mo net cash flow on a $170,000 buy. DSCR 1.78 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $46,968 and $1,566/yr in principal reduction project a total cumulative return of $87,072.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.8% |
| Monthly Cash Flow | $336 | $450 |
City averages based on Mobile market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,360 |
| Total Monthly Debt Service | $939 |
| DSCR Ratio | 1.45x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1990
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36603, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,885 (100%) |
| Owner Occupied HU | 1,078 (27.7%) |
| Renter Occupied HU | 1,953 (50.3%) |
| Vacant Housing Units | 854 (22.0%) |
| Median Home Value | $119,133 |
| Average Home Value | $197,221 |
Housing Distribution
Address Breakdown
Residential
3,152
Single Family
2,556
Multi-Family
596
Businesses
327
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 1990
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36603, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,885 (100%) |
| Owner Occupied HU | 1,078 (27.7%) |
| Renter Occupied HU | 1,953 (50.3%) |
| Vacant Housing Units | 854 (22.0%) |
| Median Home Value | $119,133 |
| Average Home Value | $197,221 |
Housing Distribution
Address Breakdown
Residential
3,152
Single Family
2,556
Multi-Family
596
Businesses
327
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dale Mims • Mims Realty
Mls Name: GCMLS
Mls Provider:
Mls ID: #7568161
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.